Growing tanker armada burns cheap oil, setting back eco efforts

Capt. John

THE growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with cheap fuel, hindering efforts to force cleaner fuel use, Reuters reports. Lloyd’s List Intelligence estimates the shadow fleet had grown to around 630 tankers from 530 a year ago, to make up 14.5 per cent of the overall global tanker fleet. Some industry estimates put the number even higher, at over 800 tankers. The numbers mark further rapid expansion following Moscow’s invasion...

https://www.seanews.com.tr/growing-tanker-armada-burns-cheap-oil-setting-back-eco-efforts/200553/

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